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speaker john boehner has to be re-elected. if he does sort of curve to the left and finds his way down the middle, he can almost guarantee he's re-elected; right? >> well, he has to earn the trust of republicans, particularly conservative republicans. if he brings it through and pushes it through, that ruins the republican brand forever. we barely convinced the american people we're against tax increases, but if they pass a tax increases, we're on the road to the minority. that worries members of the conference irrespective of the cliff created, again, by a bad deeing in august 20 # 11 that the american people said don't raise the ceiling, washington raised it, cut spending in the future. that sounds awfully familiar from the white house and out of the speaker and the majority leaders as well. tracy: do you have anied what's -- whatever boehner presented to the white house tonight, do you have any idea what's in the compromise? >> none whatsoever, no details gimp to us, again, undeclared cuts, but what i can be certain about,
speaker john boehner has to be re-elected. if he does sort of curve to the left and finds his way down the middle, he can almost guarantee he's re-elected; right? >> well, he has to earn the trust of republicans, particularly conservative republicans. if he brings it through and pushes it through, that ruins the republican brand forever. we barely convinced the american people we're against tax increases, but if they pass a tax increases, we're on the road to the minority. that worries...
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house speaker john boehner saying he wants the president to get serious. he wants a counter offer to the republican offer. there's been no noticeable movement on this in the last couple weeks, and for republicans, and the chairman, he says, look, republicans have bent on taxes. >> in some form or fashion, it's written into current law, unless he changes his mind and as an epiphany he'll have tax revenues, not destaining my best efforts in getting it. >> the president, unlike any other party in the negotiations, put forward detailed spending cuts as well as detailed revenue proposals. >> that's where they are stuck. republicans say want spending cuts in exchange for $800 billion in increased revenue, and the democrats in the white house say we need to know from you, republicans, what spending cuts are on the table, but first thing to do is raise revenue and rates on those earning more than $250,000 a year, and, guys, we are getting close to the point now where congress has to write a bill or agreement they reach, getting down to the wire here. not like you
house speaker john boehner saying he wants the president to get serious. he wants a counter offer to the republican offer. there's been no noticeable movement on this in the last couple weeks, and for republicans, and the chairman, he says, look, republicans have bent on taxes. >> in some form or fashion, it's written into current law, unless he changes his mind and as an epiphany he'll have tax revenues, not destaining my best efforts in getting it. >> the president, unlike any...
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the boehner plan goes for $2 trillionn deficit reduction, boehner wants, oh, yeah, he's going to kkck tail, allght? we're going to get2.2 bilion in t spending of this country. let me repase that. that'll be a $2.2 trillion reduction in the totallanned spending. the growth of our spending will alter, it'lle just about that line right there. we're potentially oking at the republican plan, well, in 2020, i guess the best way to show you isust how tough it is. we'll only have a deficit and a debt, a national debt under the boehner plan -- remember, this is the o plan, is is the b plan -- $25.2 trillion by 2022. mr. obama wants $350 billn in entitlement cuts over the next ten years, mr. boehner wants $800 billion in entitlement cuts, and we're going to see a big, dramatic negotiation. and whatou and i is -- and all of our fellow americans are looking at is the prospect of a recession next year if the president and mr. boehner can't come to an agreement, as much as a 10% unemployment rate because both this president and the republican party, as you can see here, are playing at the margin. a
the boehner plan goes for $2 trillionn deficit reduction, boehner wants, oh, yeah, he's going to kkck tail, allght? we're going to get2.2 bilion in t spending of this country. let me repase that. that'll be a $2.2 trillion reduction in the totallanned spending. the growth of our spending will alter, it'lle just about that line right there. we're potentially oking at the republican plan, well, in 2020, i guess the best way to show you isust how tough it is. we'll only have a deficit and a debt,...
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. >> the presi met with speaker john boehner yesterd. not discussing any details of the conversations, just saying as you said athe top, lines of communications are open. also talking to senate majory leader harry rd today as well. everybody is talking but we don't have a deal yet. tracy:s anybody talking abou spending or entitlements, peter? >> there making it pretty clear. one statement we got from speakejohnoehner's office today was that the republicans contininue to wait for the president to make specific propals for cutting snding.3 that is at they want. acy: we don't sound any closer to me, but again i am skeptical. down in d.c. grea thanks. traay: the president is going to @ompromise as peter just said. what are republicans willing to compromise on. we have got to ask mike leef utah. i am sorry i am so skeptic. 58% of america don't think w will reach a deal. where do you feel about this right now? >> it is difficult to predict at this point. i don't think anyby wan wants to go off a cliff except the president. he might n only allo
. >> the presi met with speaker john boehner yesterd. not discussing any details of the conversations, just saying as you said athe top, lines of communications are open. also talking to senate majory leader harry rd today as well. everybody is talking but we don't have a deal yet. tracy:s anybody talking abou spending or entitlements, peter? >> there making it pretty clear. one statement we got from speakejohnoehner's office today was that the republicans contininue to wait for the...
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president obama and speaker boehner met privately yesterday. nbc news first read team makes this point. if the plan is to get something passed by friday, december 21, right before the christmas holiday, then the legislation has to be written by december 18th and that means that obama and boehner must reach a deal by december 14th, 15th if there is going to be a deal. so the time for posturing and pr is over. a new political poll shows that likely voters support the president's tax increase on the upper brackets. 60% favor raising taxes on households that earn more than $250,000. 64% favor raising tacks on large corporations. 33 oppose. the poll asked likely voters, do you believe that if we raise taxes on households that earn over $250,000 per year, it will have a negative impact on the economy. 38% said yes. 58% got it right and said no. today president obama outlined the deficit reduction legislation he would sign into law. >> what you need is a package that keeps taxes where they are for middle class families, we make some stuff spending cut
president obama and speaker boehner met privately yesterday. nbc news first read team makes this point. if the plan is to get something passed by friday, december 21, right before the christmas holiday, then the legislation has to be written by december 18th and that means that obama and boehner must reach a deal by december 14th, 15th if there is going to be a deal. so the time for posturing and pr is over. a new political poll shows that likely voters support the president's tax increase on...
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o'reilly is not boehner, pelosi, or obama. he's tv intertainer who spent the weeks after the election crying about the end of white establishment america. the end of the days when an upstanding white man felt entitled to summon whomever he wanted whenever he wanted to the big house to dance. i don't dance, unquote. now, that is pure racism. nothing else. whitlock implying that i'm some kind of slave overlord, and he gets away with that kind of garbage. in fact, he gets paid to spout. way beyond disgraceful. that's poison but not unusual. hate speech now happening all the time. there comes a point when all good people must say enough. that point has now been reached in america. the jason whitlocks of the world deserve pity, but they also deserve to be exposed. they're using base emotion to try to injure people. they are liars, and they are abusing freedom of speech. this stuff has gotta stop. >>> the top story tonight. join us from washington. juan, i think this kind of garbage is completely out of hand. am i overreacting? >> n
o'reilly is not boehner, pelosi, or obama. he's tv intertainer who spent the weeks after the election crying about the end of white establishment america. the end of the days when an upstanding white man felt entitled to summon whomever he wanted whenever he wanted to the big house to dance. i don't dance, unquote. now, that is pure racism. nothing else. whitlock implying that i'm some kind of slave overlord, and he gets away with that kind of garbage. in fact, he gets paid to spout. way beyond...
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neil: speaker boehner d the esident not as good as you. good to see you. rememb him? now a new union phelan is him. scott walker never got the union carers to show up at his house but like cannot tonight they will be sging at his house. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now throughecember 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis sympto. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just o 200mg celebrex a day can provide 24 hr relief for many with a arthritis pan and inflammation. plus, in clinical studies, celebrex is proven to impre daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you
neil: speaker boehner d the esident not as good as you. good to see you. rememb him? now a new union phelan is him. scott walker never got the union carers to show up at his house but like cannot tonight they will be sging at his house. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now throughecember 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local...
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it's president and boehner. so the rest of ru russian us arg on sending messages by coming to your show. >> neil: the message i got is that you are not near a deal. is that accurate? >> guest: that is accurate, but the fact that president obama, speaker boehner met at the white house sunday, they put out the same statement, they haven't said anything for two days. >> neil: speaker boehner did. he was griping about the president not giving specific on spending. nancy pelosi was saying, you know, boehner is wrong. >> you have to reach to find encouraging news right now. everybody thinks we are going to get together and not let the country go over the fiscal cliff, which, of course, in all common sense and sanity that's what we would do. we have to act. we're on automatic here. you know that. right now i can feel the contrary happening. in both caucuses and the senate, people are beginning to to the inside interest groups so the democrats say don't touch entitlement programs and republicans say i won't support -- >
it's president and boehner. so the rest of ru russian us arg on sending messages by coming to your show. >> neil: the message i got is that you are not near a deal. is that accurate? >> guest: that is accurate, but the fact that president obama, speaker boehner met at the white house sunday, they put out the same statement, they haven't said anything for two days. >> neil: speaker boehner did. he was griping about the president not giving specific on spending. nancy pelosi was...
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spokesman for house speaker john boehner has announced that the house gop has sent a counteroffer on the fiscal cliff deal to president obama. let's go right to rich edson for more on this breaking story. rich? >> aides say this is an exchange of partial proposals to try to get the ball moving a little bit after some type of impasse over the last few days. this is basically an offer that the house republicans say they have just sent to the white house but there are still major difference ares here. this is from a boehner spokesperson saying the longer the white house slow-walks this process the closer our economy gets to the fiscal cliff. there is major business lobbyist out there telling us right now the discussions are focusing on process. how do to it. not necessarily substance. so there are no details on what these offers exactly state. they're not even really getting out on capitol hill right now. so we're still watching it to maintain. again you've got the exchange of partial offers at least coming out of the white house and from house republicans but they still remain fairly f
spokesman for house speaker john boehner has announced that the house gop has sent a counteroffer on the fiscal cliff deal to president obama. let's go right to rich edson for more on this breaking story. rich? >> aides say this is an exchange of partial proposals to try to get the ball moving a little bit after some type of impasse over the last few days. this is basically an offer that the house republicans say they have just sent to the white house but there are still major difference...
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we are expected to see john boehner speak. am i wrong in assuming we did not think we will get any comments from either side? >> you are right. the issue with that is typically when you are making progress you won't hear from the principals or get any leaks and we have seen that the last couple days but we heard from john boehner friday and the president yesterday so people have been talking and there are folks around town seeing that as a negative indication and sources have told us it has been slow going in these negotiations. cheryl: rich edson. dennis: the dow losing 112, they're starting to catch wind that john boehner will say something depressing instead of hopeful. clearly betting on good news. cheryl: rich edson obviously standing by, thank you, we will take those live comments from john boehner when you guys appear on the house floor. dennis: i will go with this. even if we do avoid the fiscal cliff our next guest says a european blow up and apple topping out could be bigger holders for the market in 2013. there is g
we are expected to see john boehner speak. am i wrong in assuming we did not think we will get any comments from either side? >> you are right. the issue with that is typically when you are making progress you won't hear from the principals or get any leaks and we have seen that the last couple days but we heard from john boehner friday and the president yesterday so people have been talking and there are folks around town seeing that as a negative indication and sources have told us it...
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>>> president and speaker boehner agreed that loose lips sink ships until today. it is tuesday, december 11th, and this is "now." >>> joining us today political analyst and washington bureau chief for more jones david korn and communications director and an msnbc political analyst karen finish where i politico executive editor jim van dehigh, and chief national correspondent for the morning times magazine mark rubavich. >>> over at the white house president obama has no public events scheduled. meanwhile, over in michigan thousands of union members and supporters are protesting at the state capitol building in lancing. the state, which is the heart of the united autoworkers and ground zero for union rights is poised to sign a major anti-labor bill into law today. the president weighed in on that, speaking yesterday in redford. >> these right to work clause, they don't have anything with economics. they have everything to do with politics. what they're really talking about is giving you the right to work for less money. america is not going to compete based on low
>>> president and speaker boehner agreed that loose lips sink ships until today. it is tuesday, december 11th, and this is "now." >>> joining us today political analyst and washington bureau chief for more jones david korn and communications director and an msnbc political analyst karen finish where i politico executive editor jim van dehigh, and chief national correspondent for the morning times magazine mark rubavich. >>> over at the white house president...
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president obama and john boehner are on a collision course. tonight i'll tell you who is going to be blink first. this is "the ed show." let's get to work. >> the leverage is going the shift to our side where hopefully we'll do the same thing we did last time. >> republicans reveal their fiscal cliff end game. give in on taxes and take the economy hostage again. congressman chris van hollen responds tonight. >>> somehow raising the medicare eligibility age is back in the fiscal cliff discussion. david cay johnston says it would be -- to do it, and he is here tonight. >> what we shouldn't be doing is try to take away your rights to bargain for better working conditions. >> in michigan, the president stands up for workers like he has never done before. >> these so-called right the work laws, they don't have to do with economics. they have everything to do with politics. >> tonight the president's big speech, and why the fight in michigan is an assault on workers everywhere. >>> plus, major news on a white house push for immigration reform. in 40
president obama and john boehner are on a collision course. tonight i'll tell you who is going to be blink first. this is "the ed show." let's get to work. >> the leverage is going the shift to our side where hopefully we'll do the same thing we did last time. >> republicans reveal their fiscal cliff end game. give in on taxes and take the economy hostage again. congressman chris van hollen responds tonight. >>> somehow raising the medicare eligibility age is back...
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>> we have a statement from john boehner's office. they're saying that they have made a counter proposal now to the white house. let me read you the statement. they say, we sent the white house a counter offer that would achieve tax and entitlement reform to solve our looming debt crisis and create more american jobs. this from the speaker's office. they are also saying that their offer now today was in response to a new offer from the white house. we know that the ap is also reporting that at least partial offers have been exchanged between the two sides over the past two days. so, clearly, what we know here is that paper is changing hands and the deal making is actually happening right now. what we don't know is what the content of that deal is. and speaker's office telling me right now that they're not going to be able to provide any detail on what was in that counter offer, so, behind the scenes, the mystery continues here. >> so, again, we're not necessarily zeroing in on exactly where that revenue comes from, we don't know if it
>> we have a statement from john boehner's office. they're saying that they have made a counter proposal now to the white house. let me read you the statement. they say, we sent the white house a counter offer that would achieve tax and entitlement reform to solve our looming debt crisis and create more american jobs. this from the speaker's office. they are also saying that their offer now today was in response to a new offer from the white house. we know that the ap is also reporting...
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december 11th, including new indications that talks may be picking up between president obama and john boehner about the fiscal cliff. >>> also massive protests planned today in egypt and follow-up on the clashes between activists and the military as they call for a million man march. >>> but first let's get to the news here live at 30 rock in new york city. >>> this morning thousands of people are expected to converge on the michigan state capital in lansing as apartment of a troeshlg union battle that's about to unfold. at issue, the so called "right to work." legislation is being pushed through the republican lawmakers that could come to a final vote as early as today. the law would might illegal to require an employee to pay union dues as a condition of their employment. opponents say the legislation threatens to weaken the influence of labor unions in a state that is home to the auto industry and has a long history of organized labor. during a visit to detroit yesterday where he intendeded to focus on the fiscal clivgs president obama waded head first into the union battle. >> what we sho
december 11th, including new indications that talks may be picking up between president obama and john boehner about the fiscal cliff. >>> also massive protests planned today in egypt and follow-up on the clashes between activists and the military as they call for a million man march. >>> but first let's get to the news here live at 30 rock in new york city. >>> this morning thousands of people are expected to converge on the michigan state capital in lansing as...
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we heard from house speaker john boehner. the overall sentiment after he spoke is a few negative pieces of language in his speech that ultimately in the end he was trying to say they're trying to work it out. smooth it over, ultimately. they know a couple of trends we are seeing, technology, materiall, two areas coming under pressure recently starting to turn. europe seeing improvement helping equities along as well. lori: not sure if you mentioned the fed. we were talking about it at the top. talking about their expectations of ben bernanke. nicole: would even throw out the idea of stimulus? that helped things along pushing us along throughout this entire last six months. lori: absolutely. thank you so much, nicole petallides on the floor of the new york stock exchange. protests turn violent in lansing, michigan, as union protesters ripped down a tent belonging to right-to-work supporters. becoming the 24th right-to-work states today allowing workers to get the right to join unions. jeff flock is in lansing michigan covering
we heard from house speaker john boehner. the overall sentiment after he spoke is a few negative pieces of language in his speech that ultimately in the end he was trying to say they're trying to work it out. smooth it over, ultimately. they know a couple of trends we are seeing, technology, materiall, two areas coming under pressure recently starting to turn. europe seeing improvement helping equities along as well. lori: not sure if you mentioned the fed. we were talking about it at the top....
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members come back to capitol hill and boehner may have a problem. >> all these members are going to come back to town, and they're going to want to play a role in these negotiations. >> the house is back today. that means conservative republicans who insist the wealthy keep this year's tax breaks could put the squeeze on their own party. that's the one thing president obama refuses to bend on. otherwise he says he's flexible. >> i understand, you know, people have a lot of different views. i'm willing to compromise a little bit. >> so are some republicans to save tax breaks for the middle class now and deal with the wealthy later. let's recognize reality, take care of as many people as we possibly can. >> polls show more taxpayers will blame republicans if taxes go up. that's increasing the odds of a year-end deal. >> it's a better than 50/50 chance, and there's a very good chance that we'd be able to avoid a lot of the fiscal cliff. >> behind the scenes negotiations continue today. republicans say they're waiting for the president to outline more spending cuts. the three big issues
members come back to capitol hill and boehner may have a problem. >> all these members are going to come back to town, and they're going to want to play a role in these negotiations. >> the house is back today. that means conservative republicans who insist the wealthy keep this year's tax breaks could put the squeeze on their own party. that's the one thing president obama refuses to bend on. otherwise he says he's flexible. >> i understand, you know, people have a lot of...
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we just talked about it with john boehner. does that help or hurt? >> home run for exchange trade for two reasons. whatever happens on the fiscal cliff, whatever they get their act together to do, two things will happen. tax rates will go up on capital gains and dividend. etfs or more tax efficient, more people will follow into that place. i also think some people trapped in mutual funds because they have low tax basis will do tax gains harvesting, realize their gains, pay 15% and move that money finally into cheaper, more tax efficient and better profits etf has to offer. >> trader talk column, trader talk cnbc.com in a few moments. that's what's hot, etfs. back to you. >> we look forward to that very much. thanks, guys. gold market selling off a little bit. at the close, sharon epperson tracking the action at the nymex. moving into stocks and out of the metals. >> they are. we're seeing a little bit of weakness in the gold futures price. gold etfs held up steadily over the last several weebs as well as record levels, in fact. in term of the flat pr
we just talked about it with john boehner. does that help or hurt? >> home run for exchange trade for two reasons. whatever happens on the fiscal cliff, whatever they get their act together to do, two things will happen. tax rates will go up on capital gains and dividend. etfs or more tax efficient, more people will follow into that place. i also think some people trapped in mutual funds because they have low tax basis will do tax gains harvesting, realize their gains, pay 15% and move...
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the big prize is still finding some way to get conservative republicans to vote with john boehner but you're right. this is the reason that all the details are in secret is because negotiators are kind of suggesting and hinting at ways they may bend and flex but the reason they never want any details to get public is that if one side is going to bend, they're going to expect the other side to bend, too, and only until everybody get their bending sort of alined can they present them to their sides because the minute democrats hear entitlements will be touched they'll want to know what they're getting in return. same with republicans. so you're right the same dynamic is in play. republicans say if we're going to raise tax rates what are we going to get in return. democrats say raising tax rates isn't much of a prize. we won the election. if you're asking us to do these big cuts -- >> what would happen if the president said to john boehner, this is where i will cut education and entitlements and medicare, what would the republicans do then? >> well, he's saying that in a way in these neg
the big prize is still finding some way to get conservative republicans to vote with john boehner but you're right. this is the reason that all the details are in secret is because negotiators are kind of suggesting and hinting at ways they may bend and flex but the reason they never want any details to get public is that if one side is going to bend, they're going to expect the other side to bend, too, and only until everybody get their bending sort of alined can they present them to their...
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not boehner. and the president went back and tried to jam boehner, because he thought there was division in the ranks. so one of the challenges that boehner or mitch mcconnell has is you need to be one voice as the president's one voice but you have a lot of members. >> what about hedge funds? don't raise the rates, just make them pay the rates. make them pay ordinary income. i'm always surprised, you convert ordinary income rates to capital gains, that's not what people do. just pay ordinary, right? you agree to that. they don't have to raise the rates. >> did you readed article that harvard is the hedge fund that has the university on the side? >> i don't know. >> $27 billion hedge fund. >> you agree with me they ought to switch the rate with ordinary income. >> i'm not -- look, it's a tax increase but you can offset it by tax cuts elsewhere. you could do tax reform in such a way that long as it doesn't net money to the government. if the government sees additional cash they go, oh, and they dro
not boehner. and the president went back and tried to jam boehner, because he thought there was division in the ranks. so one of the challenges that boehner or mitch mcconnell has is you need to be one voice as the president's one voice but you have a lot of members. >> what about hedge funds? don't raise the rates, just make them pay the rates. make them pay ordinary income. i'm always surprised, you convert ordinary income rates to capital gains, that's not what people do. just pay...
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. >>> and president obama and house speaker boehner mum on fiscal cliff negotiations. and a sign that a deal could be near. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school districts shut down for the day as hundreds of teachers plan to join the protest. president obama brought it up during a
. >>> and president obama and house speaker boehner mum on fiscal cliff negotiations. and a sign that a deal could be near. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with...
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i'll read just one from boehner's press secretary. discussions with the white house are taking place but we have no detail to share about the substance of those conversations. the republican offer made last week remains the republican offer and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. so, of course, that coming from the republican side, the president obviously saying he's waiting for something, too, john. he's waiting for the republicans to identify the specific details of that $800 billion of revenue they're willing to offer. what are the specifics the president is saying? take a listen at something the president said yesterday at that event that you mentioned. >> when you put it all together, you need a package that keeps taxes where they are for middle class families, make tough spending cuts on things we don't need and ask the wealthiest americans to pay a slightly higher tax rate. >> john, this is essentially the impa
i'll read just one from boehner's press secretary. discussions with the white house are taking place but we have no detail to share about the substance of those conversations. the republican offer made last week remains the republican offer and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. so, of course, that coming from the republican side, the president obviously saying he's waiting...
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apart from my bad grammar, how close do you think president obama and speaker boehner are to a deal? and from your perspective, is a bad deal better than no deal? >> a bad deal is a bad deal and we shouldn't accept it. republicans have the problem that all of the polls show the vast majority of american people, and people who have done well in america should do well by america and start paying america back. this tax break, even george bush didn't want it to be permanent. somehow, republicans have gotten hung up on this one thing, turning tax law into theology. they can't let it go. it has united the democratic party against them, and now mostly american people are on the debate. we can't talk about spending until we get out of the corner. >> how much of the republican opposition is based on principle, to the raising of taxes on the weltiest is based on principle and how much is based on a fear that they may face a challenge from more conservatives in the party? >> i think it's impossible to know the second one. there are a number of people in potentially vulnerable situations where t
apart from my bad grammar, how close do you think president obama and speaker boehner are to a deal? and from your perspective, is a bad deal better than no deal? >> a bad deal is a bad deal and we shouldn't accept it. republicans have the problem that all of the polls show the vast majority of american people, and people who have done well in america should do well by america and start paying america back. this tax break, even george bush didn't want it to be permanent. somehow,...
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a year ago, eric cantor was measuring the curtains in boehner's office, but i think now, boehner knows he's just got to get this done, suffer through, the republicans will take the hit if this doesn't happen and they don't need that kind of bad press. it will just make obama all the more powerful heading into his reinauguration. >> all right. both of you guys seem glass half-fullish on this. bottom line, ron first, deal or no deal? >> bottom line, i don't think the president wants to go over the cliff, because he'll be giving an inaugural address with the country in fiscal shambles. and the president still is the commander in chief, the leader of our country. and if he presides over this, a lot of mud is going to splash up on him too. i think we'll be able to get this deal done, but, again, the devil's in the details. >> tight on time, jason, deal or no deal? >> we're going to get a deal, right at the end of the year, everyone's happy, unemployment will keep coming, and we will not hit the fiscal cliff. >> all right, gentleman, thank you for your insight. we'll see if there'll be a dea
a year ago, eric cantor was measuring the curtains in boehner's office, but i think now, boehner knows he's just got to get this done, suffer through, the republicans will take the hit if this doesn't happen and they don't need that kind of bad press. it will just make obama all the more powerful heading into his reinauguration. >> all right. both of you guys seem glass half-fullish on this. bottom line, ron first, deal or no deal? >> bottom line, i don't think the president wants...
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like this where you have mutual respect, and as you know, the main partners are himself and speaker boehner. i think the fact that they met yesterday is a very encouraging sign. i have faith that they will be able to get this done. and i quo it's the right thing for america to reach a deal to work together, to be willing to compromise, and do what is right for the people instead of a party first. that's what america wants. >> governor, thank you very much for your time. i appreciate it. >> piers, my pleasure. thank you. >>> coming up next, the stories america is talking about. more nfl tragedy, a navy s.e.a.l. killed. a powerhouse panel back with that and more. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two y
like this where you have mutual respect, and as you know, the main partners are himself and speaker boehner. i think the fact that they met yesterday is a very encouraging sign. i have faith that they will be able to get this done. and i quo it's the right thing for america to reach a deal to work together, to be willing to compromise, and do what is right for the people instead of a party first. that's what america wants. >> governor, thank you very much for your time. i appreciate it....
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so speaker boehner knows a caucus, a serious, mature sober leader. he knows what his principles are. he's a principled conservative, a mainstream businessman and knows what the issues are. the house should and is largely trusting him. >> and what do you think about that, hilary? should the democrats trust the president to close the deal behind closed doors? >> i think democrats mostly trust the president. i don't know what mary's talking about that the president has dragged his heels. he's been trying to get congress to deal with this issue for months and months. but having said that, neither of these guys i think have the full faith and credit of their caucuses to do anything and that's what is taking so long. no democrats are pressing on the president to be careful on what he cuts on entitlements and folks like me would like to make sure that the defense cuts, you know, are substantially a part of this package. republicans, you know, are making a big deal out of that top 2% tax rate and so they both, i think, have a good sense of how far they can g
so speaker boehner knows a caucus, a serious, mature sober leader. he knows what his principles are. he's a principled conservative, a mainstream businessman and knows what the issues are. the house should and is largely trusting him. >> and what do you think about that, hilary? should the democrats trust the president to close the deal behind closed doors? >> i think democrats mostly trust the president. i don't know what mary's talking about that the president has dragged his...
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boehner wants to know what spending cuts the president is talking about . the president wants to know what kind much tax hike the republicans go on. >> gretchen: it feels like dejavu. ground hog dog. last year it the debt ceiling orificical cliff. it was the debt ceiling. >> steve: first fiscal cliff of our lifetime. >> gretchen: it feels like it has been here a longg time and they were talking about the importance of the day to get the bill actually through. i feel like they can jump through hoops and get past that, too. >> eric: had it has to originate in the house and sent over marked up to the senate and point being there is a lot of hoop to jump through. you know. rudy guiliani is on hannity last night. he was approached with the same sort of problem in new york city . listen to how he handled it >> i was given a report that said you have to raise taxes and said nothing about reducing spending. i was not an economic expert. i became one after becoming mayor in new york. i said it makes no sense. if i raises tax now. i will have to do it in two or four
boehner wants to know what spending cuts the president is talking about . the president wants to know what kind much tax hike the republicans go on. >> gretchen: it feels like dejavu. ground hog dog. last year it the debt ceiling orificical cliff. it was the debt ceiling. >> steve: first fiscal cliff of our lifetime. >> gretchen: it feels like it has been here a longg time and they were talking about the importance of the day to get the bill actually through. i feel like they...
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. >>> talks between the white house and house speaker john boehner's office having been increasing. the discussions have become more serious and both sides still face major differences. there's an office peace by republican senator portman in the "wall street journal." while he disagrees with president obama's call to raise taxes on top earners, quote, the negotiations require a good and take. still to me it sounds like a lot of the same. but we'll leave it there. they will be leading off every hour with a special mission critical rise above report talking to lawmakers pushing them as to why there is no deal to avoid the fiscal cliff and explain what's at stake. i think they may be chasing people down the halls to some extent. >> to be a fly on the wall. >> i guess it's more. we will hear becky personally. >> becky will remind us what's going on today. a pen fee of them will go october trade sales. the like day for earning, that's due before the opening sales. >> always a good read. >>> protests in egypt's tahrir square turns to violence this morning with nine reportedly injured fro
. >>> talks between the white house and house speaker john boehner's office having been increasing. the discussions have become more serious and both sides still face major differences. there's an office peace by republican senator portman in the "wall street journal." while he disagrees with president obama's call to raise taxes on top earners, quote, the negotiations require a good and take. still to me it sounds like a lot of the same. but we'll leave it there. they will...